Top Story | Forecast - Production | Capital Markets | Capital Expenditure | Capital Expenditure - 2019
Talos Talks 2019 Budget / Guidance; Planned GOM Projects
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Talos Energy Inc. has announced its full year 2019 operating and financial guidance.
**The company's budget assumes $55/bbl WTI and $2.75/MMBtu
Details:- 2019 Capex: $465-485 million
- 2019 Production Guidance: 19.5-20.4 MMBOE / 53-56 MBOEPD
This is an increase from the Company's 2018 guidance of 49 - 53 MBoe/dWhile the company's planned 2019 spending does reflect a budget increase, Talos finalized its acquisition of GOM E&P Stone Energy last year - so the spending increase is minimal when taking that into account.
Planned 2019 Projects Four US Gulf of Mexico deepwater projects, all of which use nearby infrastructure, including the hook-up of the recently successful Tornado 3 well and drilling and the potential hook-up of three additional impactful projects in our Green Canyon core…- ✓ Full news archive — U.S., Canada & international coverage
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